'We're still early across the board,' says CoinFund CIO

<p>Alex Felix is the Chief Investment Officer at CoinFund.</p><p>Back in July, CoinFund announced the raise of $158 million for a new early-stage crypto startup investment fund. </p><p>In this episode, Felix explains how his firm is thinking about allocating the capital, and breaks down the institutional interest in early-stage crypto investing.</p><p>According to Felix, the market is still discounting web'3 full potential:</p><p>"Almost everyone universally has under-appreciated, the size of the market opportunity for web3. It's open source, it's open competition — when we make this transition to web3 rails, it will be ver...